AAP Rajya Sabha MP Sanjeev Arora’s firm concealed facts, misused industrial land for residential project: ED

The Indian Express in its study connected October 7 said that the raids astatine Arora’s properties were linked to the alleged misuse of the onshore allotted to his steadfast by the Punjab authorities for concern purposes. Quoting an ED source, it said that the onshore was utilized to make a luxury residential project.

ED raided Hampton Homes, a luxury apartments’ residential nine developed by Arora’s steadfast Ritesh Properties and Industries Limited (RIPL) connected Chandigarh roadworthy of Ludhiana connected October 7.

The raids were held astatine 17 antithetic concern and residential premises related to Arora and realtors, including Ludhiana-based Hemant Sood, Pardeep Kumar Aggarwal, Gurmeet Singh and Jalandhar-based Chander Shekhar Aggarwal, who were besides allegedly progressive successful the project, according to the ED.

“The Directorate of Enforcement (ED), Jalandhar, has carried retired hunt operations connected October 7 astatine 17 antithetic premises related to M/s Hampton Sky Reality (erstwhile Ritesh Properties Industries Limited (RPIL)) and its directors/partners Sanjeev Arora, Hemant Sood and Chander Shekhar Aggarwal; and that of M/s Royal Industries Ltd (RIL), its directors Gurmeet Singh and Pardeep Kumar Aggarwal crossed authorities of Punjab covering districts of Ludhiana and Jalandhar and Chandigarh, Delhi and Gurgaon,” the ED said.

The enactment by the ED was successful enactment with a transgression ailment registered against Arora’s RPIL successful a Ludhiana tribunal and a First Information Report (FIR) registered by Ludhiana Police against Royal Industries Limited, said the ED.

The probe bureau said that it was recovered that Hampton Sky Reality and Royal Industries Ltd were allotted concern lands by the Punjab Government with definite conditions with an nonsubjective to beforehand industries but RIL had sold the allotted onshore by breaching the conditions of allotment.

ED probe further revealed that Hampton Sky Reality alienated the onshore usage without the support of Punjab Government, and aboriginal developed residential task and concern parkland connected it by concealing worldly facts astatine the clip of seeking support of Punjab Government for the project.

“By each these wrongful activities, M/s RPIL and M/s RIL caused nonaccomplishment to the Punjab authorities and generated immense Proceeds of Crime (POC). Further probe is nether progress,” said the ED.

Ludhiana-based Arora is the president cum managing manager of Ritesh Properties and Industries Limited (RPIL), a institution with concern interests successful existent estate, women’s covering and manner industry.

The institution has developed Hampton Court Business Park, a sprawling concern parkland connected Chandigarh Road successful Ludhiana. The task besides includes a lodging task offering luxury residential apartments by the sanction ‘Hampton Homes’.

Arora besides runs the Krishna Pran Breast Cancer Charitable Trust successful Ludhiana. The AAP nominated him to the Rajya Sabha successful 2022.  While helium mostly lives astatine his Gurgaon residence, his campy office-cum-residence successful Ludhiana is housed astatine Hampton Homes.

In a station connected X, Arora had said, “I americium a instrumentality abiding citizen, americium not definite astir the crushed for hunt operation, volition cooperate afloat with agencies and marque definite each their queries are answered.”